| Minister | Reverend Paul Wilkinson |
||
|---|---|---|---|
| Assistant | Minister | Reverend Joy Fernando |
|
| BBhB' | 7 | t | Mr Laurian Brown |
| Mrs Rachel Kehoe | |||
| ~DR | Mrs Colette Wilkinson | ||
| ~RM | Mr Neil Richardson | ||
| Other Trustees | Ms Karen Gower | ||
| Ms Carol Holmes | |||
| Mrs Jayne Olley | |||
| Mr William Seaman | |||
| Mr Peter Shee | |||
| Mrs Sue Shee | |||
| Mr Richard South | |||
| Mr John Watts | |||
| Mr Tim Wilson | |||
| Secretary | Mrs Julia Rees (Co-opted) |
| Unrestricted | Restricted | TOTAL FUNDS | TOTAL FUNDS | ||||
|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | 2020 | 2019 | |||
| f | E | f. | f | ||||
| INCOMING RESOURCES |
|||||||
| Income resources from donors | (2a) | 193687.62 | 193687.62 | 198540.77 | |||
| Other voluntaryincoming | resources | (2b) | 31364.08 | 31364.08 | 42219.07 | ||
| to further the Council's | objects | (2c) | 45.71 | 45.71 | 633.33 | ||
| to generate funds |
(2d) | 255.00 | 255.00 | 529.74 | |||
| Income from Investment | (2e) | 278.11 | 278.11 | 692.32 | |||
| Otherincoming resources |
(2f) | ||||||
| Kidz Klub | (4675.79) | (4675.79) | 648.81 | ||||
| First Steps Pre-school | 2762.87 | 2762.87 | 745.36 | ||||
| Noah's Ark |
490.00 | 490.00 | 440.00 | ||||
| Debt Centre | (2674.46) | (2674.46) | 1042.96 | ||||
| Wayland Carers |
0.00 | 0.00 | (522.00) | ||||
| Fountain Shouldham |
0.00 | 0.00 | (549.97) | ||||
| TOTAL INCOMING RESOURCES |
225630.52 | (4097.38) | 221533.14 | 244420.39 | |||
| RESOURCES EXPENDED | |||||||
| Costs ofgenerating funds |
(3d) | 1445.80 | 1445.80 | 21516.70 | |||
| Grants | (3a) | 11183.75 | 11183.75 | 16504.88 | |||
| Activities directly relating | to the church | (3b) | 78575.26 | 78575.26 | 97229.82 | ||
| Church management and |
administration | (3c) | 142728.72 | 500.00 | 143228.72 | 136476.82 | |
| TOTAL RESOURCES EXPENDED | 233933.53 | 500.00 | 234433.53 | 271728.22 | |||
| NET INCOMING/(OUTGOING) | RESOURCES | (8303.01) | (4597.38) | (12900.39) | (27307.83) | ||
| GAINS AND LOSSES ON INVESTMENTS | |||||||
| NET MOVEMENT IN FUNDS |
(8303.01) | (4597.38) | (12900.39) | (27307.83) | |||
| BALANCES BROUGHT FORWARD AT | |||||||
| 1"JANUARY 2020 | 131586.44 | 40614.72 | 172201.16 | 199508.99 | |||
| BALANCE CARRIED FORWARD | |||||||
| AT 31"DECEMBER 2020 | 123283.43 | 36017.34 | 159300.76 | 172201.16 |
| Fountain | Fountain | of Life | of Life | of Life | of Life | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Sheet at31"December 2020 | |||||||||||
| Note | 2020 | 2019 | ||||||||||
| f | E | |||||||||||
| FIXED ASSETS | ||||||||||||
| Tangible fixed | assets | (Sa) | ||||||||||
| CURRENT ASSETS | ||||||||||||
| Stock | 103.00 | 103.00 | ||||||||||
| Debtors | (7) | |||||||||||
| Short term deposits | —COIF | 82935.69 | 82721.09 | |||||||||
| Cash at bank | and in | hand: | ||||||||||
| Community | Account | 16384.41 | 12326.45 | |||||||||
| Business Premium | 25338.99 | 37939.33 | ||||||||||
| Kidz Klub | 11401.60 | 16077.39 | ||||||||||
| Noah's Ark |
5379.21 | 4889.21 | ||||||||||
| First Steps Pre-school | 12213.36 | 9450.49 | ||||||||||
| Fountain Network |
329.33 | 829.33 | ||||||||||
| Cash in Hand | ||||||||||||
| Wayland Carers |
||||||||||||
| Debt Centre | 5619.01 | 8293.47 | ||||||||||
| Fountain Shouldham |
||||||||||||
| 76665.91 | 89805.67 | |||||||||||
| 159704.60 | 172629.76 | |||||||||||
| LIABILITIES:AMOUNTS | FALLING | |||||||||||
| DUE WITHIN ONE | YEAR | (8) | (403.84) | (428.60) | ||||||||
| NET CURRENT ASSETS | 159300.76 | 172201.16 | ||||||||||
| NET ASSETS | (6) | 159300.76 | 172201.16 | |||||||||
| FUNDS | ||||||||||||
| Unrestricted | 123283.43 | 131586.44 | ||||||||||
| Restricted | (9) | 36017.34 | 40614.72 | |||||||||
| 159300.76 | 172201.16 | |||||||||||
| Approved | by the | ain of Life Church | Council | on.................. and signed on | its behalf by | |||||||
| Th | RF | .. | .,.. ., | ,. .. | i | ~/~S'(Z | i |
| Not | es t | o the Financial Statements continued |
o the Financial Statements continued |
o the Financial Statements continued |
|||||
|---|---|---|---|---|---|---|---|---|---|
| For | the | ear ended 31"December 2020 | |||||||
| Unrestricted | Restricted | TOTAL | FUNDS | ||||||
| 2 | INCOMING RESOURCES |
Funds | Funds | 2020 | 2019 | ||||
| f | f | f | f | ||||||
| 2(a) | Incoming resources from |
donors | |||||||
| Gift Aid Donations | 89553.35 | 89553.35 | 77635.00 | ||||||
| Income Tax recoverable | 14061.99 | 14061.99 | 21259.45 | ||||||
| Other planned giving: |
|||||||||
| Collections (open plate) at all services | 1636.25 | 1636.25 | 3986.77 | ||||||
| Gift Days | |||||||||
| Other Supported Projects |
88436.03 | 88436.03 | 95659.55 | ||||||
| 193687.62 | 193687.62 | 198540.77 | |||||||
| 2(b) | Other voluntary incoming |
resources | |||||||
| Grants | 5478.47 | 5478.47 | 8100.00 | ||||||
| Family Gift Donations | &Other Donations | 25885.61 | 25885.61 | 34119.07 | |||||
| 31364.08 | 31364.08 | 42219.07 | |||||||
| 2(c) | Income from operating | activities | |||||||
| tofurther the Council's | objects | ||||||||
| Bible notes | |||||||||
| Funeral Fees g. Course | Fees | ||||||||
| Other Resources R Conferences | 45.71 | 45.71 | 633.33 | ||||||
| 45.71 | 45.71 | 633.33 | |||||||
| 2(d) | Income from operating | activities | |||||||
| to generate funds | |||||||||
| Mini Bus Donations | 255.00 | 255.00 | 529.74 | ||||||
| 2(e) | Income from Investment | ||||||||
| Dividends Ik interest |
278.11 | 278.11 | 692.32 | ||||||
| 2(f) | Kidz Klub Account | (4675.79) | (4675.79) | 648.81 | |||||
| First Steps Pre-school | 2762.87 | 2762.87 | 745.36 | ||||||
| Noah's Ark |
490.00 | 490.00 | 440.00 | ||||||
| Debt Centre | (2674.46) | (2674.46) | 1042.96 | ||||||
| Wayland Carers |
0.00 | 0.00 | (522.00) | ||||||
| Fountain Shouldham |
0.00 | 0.00 | (549.97) | ||||||
| TOTAL | INCOMING RESOURCES |
225630.52 | (4097.38) | 221533.14 | 244420.39 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Income | |||||
| Donations | 18564.79 | 21891.04 | |||
| Event Collection | |||||
| Fees | 11.71 | 1824.86 | |||
| Grant —Dreams | Ik Visions | ||||
| 18576.50 | 23715.90 | ||||
| ~E«dit | |||||
| Wages | 19316.15 | 14473.89 | |||
| Books | |||||
| Training/Conference | Fees | 9.98 | 92.61 | ||
| Charity/New | Wine Book Stall | 145.00 | |||
| Teaching/Music | Resources | 355.73 | 194.23 | ||
| Resources | 1240.82 | 1580.81 | |||
| Printing/Telephone | 859.31 | 1080.27 | |||
| Rent | 90.00 | 1470.00 | |||
| KK Gifts | 661.96 | 1148.21 | |||
| Snacks | 37.51 | 140.45 | |||
| Miscellaneous | 680.83 | 1082.42 | |||
| Minibus | 1659.20 | ||||
| 23252.29 | 23067.09 | ||||
| Opening Balance 1"January 2019 |
16077.39 | 15428.58 | |||
| Excess Income/Expenditure | for Year | (4675.79) | 648.81 | ||
| Closing Balance 31n December 2019 | 11401.60 | 16077.39 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Income | |||||||
| NCC | 40881.95 | 41462.06 | |||||
| Parents Fees | 2831.65 | 3971.77 | |||||
| Uniform | Sales | 226.00 | 249.25 | ||||
| Noah's Ark | 186.10 | ||||||
| Grant | 2489.19 | 2000.00 | |||||
| Additional | Charges | 168.50 | 283.60 | ||||
| Edenred | Vouchers | 509.50 | |||||
| Refunds | 12.00 | ||||||
| Donations | 10.50 | ||||||
| 46597.29 | 48684.78 | ||||||
| ~Edit | |||||||
| Operation | Mobilisa | 180.00 | 180.00 | ||||
| Wages | 36675.02 | 37545.97 | |||||
| Rent | 2640.00 | 5280.00 | |||||
| Uniform | 297.30 | 452.20 | |||||
| Food - Consumables | 552.79 | 975.24 | |||||
| Building Improvements |
208.46 | ||||||
| Admin | 798.43 | 383.00 | |||||
| Craft | 211.42 | 15.50 | |||||
| Equipment | 1274.22 | 1321.21 | |||||
| Cash | 100.00 | 450.00 | |||||
| Training | 427.00 | 205.00 | |||||
| Donations | 221.42 | 685.40 | |||||
| Cleaning | |||||||
| Other | 248.36 | 445.90 | |||||
| 43834.42 | 47939.42 | ||||||
| Opening Balance |
1"January | 2020 | 9450.49 | 8705.13 | |||
| Excess Income/Expenditure | for Year | 2762.87 | 745.36 | ||||
| Closing Balance | 31"December 2020 | 12213.36 | 9450.49 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Income | |||||
| Grant | |||||
| FOL | 490.00 | 440.00 | |||
| 490.00 | 440.00 | ||||
| ~E* | dit | ||||
| Pre-School | |||||
| Craft | |||||
| Equipment | |||||
| Advert | |||||
| Admin | |||||
| Opening | Balance 1"January | 2020 | 4889.21 | 4449.21 | |
| Excess Income/Expenditure | for Year | 490.00 | 440.00 | ||
| Closing | Balance 31"December 2020 | 5379.21 | 4889.21 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Income | ||||||
| Grants | 8000.00 | |||||
| Donations | 1344.88 | 8991.83 | ||||
| 9344.88 | 8991.83 | |||||
| ~Edit | ||||||
| Reimbursements | and | Travel | 9019.34 | 4948.87 | ||
| Donations | 3000.00 | 3000.00 | ||||
| 12019.34 | 7948.87 | |||||
| Opening Balance 1"January |
2020 | 8293.47 | 7250.51 | |||
| Excess Income/Expenditure | for Year | (2674.46) | 1042.96 | |||
| Closing Balance 31~December 2020 | 5619.01 | 8293.47 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Income | ||||
| Grants | ||||
| Donations | ||||
| ~Edit | ||||
| Outings | 522.00 | |||
| 522.00 | ||||
| Opening Balance 1"January |
2020 | 522.00 | ||
| Excess Income/Expenditure | for Year | (522.00) | ||
| Closing Balance 31"December 2020 |
| Unrestricted | Restricted | TOTAL | TOTAL | FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | |||||||
| E | E | f | ||||||||
| 3. | RESOURCES EXPENDED | |||||||||
| 3(a) | Grants | |||||||||
| Home missions | and | other Church | Societies | 11183.75 | 11183.75 | 16504.88 | ||||
| Sundry Reimbursements | ||||||||||
| 11183.75 | 11183.75 | 16504.88 | ||||||||
| 3(b) | Activities directly | relating to the work | ||||||||
| of | the Church | |||||||||
| Church Quota | 20476.00 | 20476.00 | 20476.00 | |||||||
| Ministers Stipend |
32218.80 | 32218.80 | 36536.34 | |||||||
| Funeral Fees (k Weddings | 954.00 | 954.00 | 165.00 | |||||||
| Church Clubs/Activities |
22266.61 | 22266.61 | 36430.33 | |||||||
| Books, DVD 8.CD | 1936.87 | 1936.87 | 1156.18 | |||||||
| Courses/Conference | 722.98 | 722.98 | 2465.97 | |||||||
| 78575.26 | 78575.26 | 97229.82 | ||||||||
| 3(c) | Church management | and administration | ||||||||
| Administration: | ||||||||||
| Printing, Stationery, |
Accountancy | ik Website | 8617.15 | - | 8617.15 | 9888.59 | ||||
| Church Running |
Expenses | 134111.57 | 500.00 | 134611.57 | 126588.23 | |||||
| Depreciation | ||||||||||
| 142728.72 | 500.00 | 143228.72 | 136476.82 | |||||||
| 3(d) | Costs ofgenerating | funds | ||||||||
| Mini Bus | 1445.80 | 1445.80 | 21516.70 | |||||||
| Outreach | 1 | |||||||||
| TOTAL | RESOURCES EXPENDED | 233933.53 | 500.00 | 234433.53 | 271728.22 | |||||
| 4 | STAFF COSTS | |||||||||
| Wages, Salaries | and | Tax | 109267.03 | 104080.98 | ||||||
| 109267.03 | 104080.98 |
| 5 F |
I | XEDASSE | TS FOR U | SE BY | THE F | OUNTAIN OF LIFE |
||||
|---|---|---|---|---|---|---|---|---|---|---|
| Church | ||||||||||
| ~E "' | t | Total | ||||||||
| f | ||||||||||
| 5(a) | Tangible | fixed assets | ||||||||
| ACTUAL/DEEMED | COST | At 1"January 2020 | 3505 | 3505 | ||||||
| Additions | ||||||||||
| At 31"December 2020 | 3505 | 3505 | ||||||||
| DEPRECIATION | At 1"January 2020 | 3505 | 3505 | |||||||
| Charge for the Year | ||||||||||
| At 31"December 2020 | 3505 | 3505 | ||||||||
| NET BOOK VALUE | At 31"December 2020 | |||||||||
| 6 | ANALYSIS OF NET | ASSETS BY | FUND | |||||||
| Unrestricted | Restricted | |||||||||
| Fund | Fund | Total | ||||||||
| Fixed Assets for Church | use | |||||||||
| Current | Assets | 123687.26 | 36017.34 | 159704.61 | ||||||
| Current | Liabilities | (403.84) | (403.84) | |||||||
| Fund Balance | 123283.43 | 36017.34 | 159300.76 |